New York
Top 5 Office Building Sales
PropertyShark compiled the top 5 sales in office recorded in October 2018 in New York City.
Newmark Knight Frank Secures Refi for Soho Retail Assets
Oaktree provided the floating-rate loan to a partnership led by 60 Guilders to upgrade two interconnecting spaces encompassing more than 4,000 square feet.
Twitter Signs 215 KSF Lease Extension in NYC
Columbia Property Trust secured the social media company’s lease for another five years. This location marks Twitter’s second-largest headquarters after San Francisco.
Amazon Rumored to Have Chosen 2 Locations for HQ2
The e-commerce behemoth reportedly decided to split its $5 billion second-headquarters project between sites in New York City and Northern Virginia.
Amazon’s Surprise HQ2 Candidate: Long Island City
A burgeoning Queens neighborhood a short subway ride from Manhattan, the area joins Crystal City, Va., and Dallas as the rumored finalists for the online retailer’s second U.S. campus. The latest twist: Amazon could split HQ2 between two locations.
CB Insights Takes Full-Floor at Midtown Manhattan Tower
The tenant will occupy more than 43,000 square feet at 498 7th Ave. starting with June 2019. The company has been in the building since 2016.
Metro Storage to Develop NJ Facility
The firm has acquired land in South Brunswick, southwest of New York City, to construct a 668-unit self storage facility. The project is slated for completion by the third quarter of 2019.
NKF Arranges LIC Creative Lease
HALO Branded Solutions will occupy more than 17,000 square feet on the sixth floor of The Factory, a former 1.1 million-square-foot Macy’s warehouse.
Hanley Investment Arranges $38M Sale of NJ Walmart
The firm represented the seller, Catellus Development Corp., in its disposition of the 159,542-square-foot building in Teterboro. The buyer was a 1031 exchange private investor.
CIT Group Provides $35M for Manhattan Office Project
The six-story development will feature more than 74,000 square feet of medical office space, providing convenient access to the area’s hospitals, medical schools, research centers and outpatient facilities.